DIVB vs HDV: Grades, Fees and Holdings Compared

iShares Core Dividend ETF

DIVBACboe

iShares Core High Dividend ETF

HDVANYSE Arca

Overlap

25.7%by weight

Expense ratio

DIVB −0.03pt a year

DIVB0.05%HDV0.08%

Avg volume · 30D

HDV 15.6×the volume

DIVB298KHDV4.66M

5Y return · a year

DIVB +1.0pt

DIVB+14.4%HDV+13.4%

DIVB vs HDV Performance

Nov 2, 2021 – Nov 2, 2026

+96.0%DIVB+87.3%HDV

Expense ratio: DIVB 0.05%, better; HDV 0.08%
Fund size: DIVB $2.31B; HDV $16.3B
1Y total return: DIVB +41.1%, better; HDV +34.6%
Yield (12M): DIVB 2.07%; HDV 3.09%, better
Holdings: DIVB 384; HDV 77
Avg volume (30D): DIVB 298K sh; HDV 4.66M sh, better
NAV per share: DIVB $71.28; HDV $31.03
52W range

ETF.net Grade

Pillar letters and Scores for DIVB, HDV, with each pillar’s weight
Pillar	DIVB	HDV
Cost30% weight	A95Higher	A88
Mission25% weight	A86Higher	C53
Risk15% weight	A74	A86Higher
Tradability15% weight	B64	A82Higher
Holdings10% weight	B59Higher	F20
Durability5% weight	A71	A87Higher

Rank among US Dividend Index funds

How we build Categories ›

Same Category. DIVB and HDV are both graded against the same 52 US Dividend Index funds, so their Grades compare head to head.

US Dividend Index⁠

Category · 52 funds

See all 52 ›

DIVB ranks 3rd and HDV 11th of 52 funds in the US Dividend Index Category.

Rank 1ADGROiShares Core Dividend Growth ETFScore 86
Rank 2ASCHDSchwab U.S. Dividend Equity ETFScore 81
Rank 3ADIVBiShares Core Dividend ETFScore 80
Rank 4ASPYDState Street SPDR Portfolio S&P 500 High Dividend ETFScore 79
Rank 8AFDVVFidelity High Dividend ETF Score 71
Rank 11AHDViShares Core High Dividend ETFScore 70
Rank 11AUDIVFranklin U.S. Core Dividend Tilt Index ETFScore 70

Our read on each fund

ETF.net Research

DIVBAiShares Core Dividend ETF

HDVAiShares Core High Dividend ETF

In short

DIVB Most dividend funds only count the check that hits your account. DIVB's index also counts buybacks, treating a shrinking share count as cash returned to owners, and it charges five basis points to do it.

HDV A high-yield screen with a quality gate. HDV holds roughly 80 U.S. dividend payers from a Morningstar index that weighs company quality and value alongside yield, at a Core-lineup fee of 0.08%.

Stated mandate

DIVB The fund seeks to track an index of U.S. companies selected for a history of dividend payments and/or share buybacks, providing equity exposure oriented toward income and long-term growth.

HDV The fund seeks to track an index of high-dividend-yielding U.S. stocks and provides income-oriented exposure through U.S. equities.

Why people hold it

DIVB Five basis points a year, one of the lowest fees in the dividend-screen aisle, where the typical fund charges many times more.
The Morningstar US Dividend and Buyback Index counts repurchases alongside payouts, so a company buying back stock qualifies even with a modest yield. Roughly 400 US names.
Sits in the top tier of a large dividend-screen peer group and stays tight to its stated mandate: US dividend payers and buyback machines, nothing exotic.
A billion-dollar-plus member of the iShares Core lineup, running since 2017 and distributing quarterly.

HDV 0.08% a year is one of the cheaper tickets in the dividend-screen aisle, well under the typical fee among its peers.ishares.com
The index applies quality and value screens, so a fat yield alone doesn't earn a stock a spot.ishares.com
Running since 2011 and now a multi-billion-dollar, actively traded fund inside the iShares Core lineup. Long-established plumbing, not a new launch.
Straightforward US stock fund in a standard 1940 Act wrapper, paying income on a quarterly schedule.

Worth knowing

DIVB Buybacks return value through share count, not cash in your pocket, so the income profile can sit lighter than pure high-yield screens like SPYD.
Moderately traded rather than a volume heavyweight like SCHD or VIG, so limit orders earn their keep, especially in size.
All-equity, all-US. Dividends and buybacks soften nothing when the American stock market sells off.

HDV About 80 holdings, so single names and sector tilts carry more weight here than in a broad-market index fund.
A yield-and-value screen leans toward mature payers and away from low-payout growth companies, so the mix looks different from the total market.
Different flavor from cohort stablemate DGRO, which targets dividend growth rather than the highest current yields.

Full DIVB profile⁠

Full HDV profile⁠

DIVB vs HDV Holdings

How DIVB and HDV differ

Overlap by weight

25.7%

Shared holdings make up 98.7% of HDV and 28.6% of DIVB.

Level by level

Holdings69 in both25.7%
Countryby domicile99.4%
Asset classEquity100%

Sector

No Sector split for DIVB.

Country, concentration and asset class

Country by domicile

Country weights in DIVB and HDV, widest gap first
Country	More in DIVBMore in HDV	DIVB	HDV
United States	HDV +0.6 points	99.4%	100.0%
Other countries (4)	DIVB +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

DIVB32.7%
HDV55.9%

Securities held

DIVB381
HDV74

Asset class

DIVB: Equity
HDV: Equity

Holdings

Only in DIVB312
In both69
Only in HDV5

Only in DIVB

312 securities, 71.4% of DIVB by weight

Accenture PLC Class A6.53%
International Business Machines Co5.18%
Automatic Data Processing Inc4.98%
Cognizant Technology Solutions Cla2.97%
JPMorgan Chase & Co2.36%
Johnson & Johnson2.03%
Hp Inc1.88%
UnitedHealth Group1.46%
Leidos Holdings1.44%
Pfizer1.39%
Ss and C Technologies Holdings1.37%
Merck & Co Inc1.34%
Cdw1.31%
Skyworks Solutions1.31%
Bank of America1.12%
Wells Fargo1.05%
Hca Healthcare0.97%
AT&T0.80%
Gilead Sciences0.78%
Citigroup0.78%
Progressive0.77%
Gen Digital0.72%
Comcast Class A0.69%
Marathon Petroleum0.64%
Bristol Myers Squibb0.63%
T Mobile Us Inc0.59%
Cigna0.59%
Elevance Health Inc0.58%
Morgan Stanley0.51%
Capital One Financial Corp0.50%
Jack Henry and Associates Inc0.49%
Genpact0.43%
Union Pacific0.43%
Truist Financial0.43%
Cme Group Class A0.43%
United Parcel Service Inc Class B0.42%
Cvs Health0.42%
Valero Energy Corp0.41%
Becton Dickinson0.39%
Travelers Companies0.39%
Honeywell International Inc0.38%
Avnet0.38%
Bank of New York Mellon Corp0.37%
Aflac0.36%
Lockheed Martin0.34%
Lowes Companies Inc0.34%
Phillips 660.33%
BlackRock0.33%
Slb0.32%
D R Horton0.31%

Only in HDV

5 securities, 1.3% of HDV by weight

Xcel Energy Inc0.76%
Viper Energy Inc Class A0.27%
Idacorp0.10%
Southwest Gas Holdings0.09%
Txnm Energy Inc0.08%

Weight gaps

All 69 Holdings in both funds, largest gap first.

Holding weights in DIVB and HDV, widest gap first
Holding	More in DIVBMore in HDV	DIVB	HDV
Exxonmobil Holdings CorpXOM	HDV +6.86 points	2.75%	9.61%
ChevronCVX	HDV +5.36 points	1.90%	7.26%
AbbVieABBV	HDV +4.86 points	1.94%	6.80%
Verizon Communications IncVZ	HDV +4.06 points	1.01%	5.07%
Home DepotHD	HDV +3.85 points	0.76%	4.61%
Philip Morris InternationalPM	HDV +3.81 points	1.25%	5.06%
Procter & GamblePG	HDV +3.71 points	1.69%	5.40%
Coca-ColaKO	HDV +3.20 points	1.08%	4.28%
PepsicoPEP	HDV +2.91 points	0.99%	3.90%
Altria Group IncMO	HDV +2.77 points	1.11%	3.88%
Nextera EnergyNEE	HDV +2.18 points	0.34%	2.52%
Amgen IncAMGN	HDV +2.05 points	0.76%	2.81%
Mcdonalds CorpMCD	HDV +2.05 points	0.52%	2.57%
SouthernSO	HDV +1.70 points	0.10%	1.80%
ConocophillipsCOP	HDV +1.57 points	0.67%	2.24%
Abbott LaboratoriesABT	HDV +1.41 points	0.66%	2.07%
PaychexPAYX	DIVB +1.38 points	2.06%	0.68%
BlackstoneBX	HDV +1.32 points	0.31%	1.63%
Medtronic PLCMDT	HDV +1.31 points	0.52%	1.83%
Starbucks CorpSBUX	HDV +1.12 points	0.23%	1.35%
Pnc Financial Services GroupPNC	HDV +1.10 points	0.33%	1.43%
OneokOKE	HDV +1.08 points	0.24%	1.32%
WilliamsWMB	HDV +1.03 points	0.21%	1.24%
Kinder MorganKMI	HDV +1.01 points	0.21%	1.22%
Dominion EnergyD	HDV +0.95 points	0.15%	1.10%
Mondelez International Class AMDLZ	HDV +0.87 points	0.44%	1.31%
Broadridge Financial Solutions IncBR	DIVB +0.83 points	1.06%	0.23%
Microchip Technology IncMCHP	DIVB +0.72 points	1.22%	0.50%
Air Products and ChemicalsAPD	HDV +0.70 points	0.12%	0.82%
Eog ResourcesEOG	HDV +0.68 points	0.50%	1.18%
Illinois Tool IncITW	HDV +0.64 points	0.27%	0.91%
Kimberly ClarkKMB	HDV +0.61 points	0.24%	0.85%
Wec Energy GroupWEC	HDV +0.60 points	0.06%	0.66%
Public Service Enterprise GroupPEG	HDV +0.55 points	0.10%	0.65%
Devon EnergyDVN	HDV +0.55 points	0.19%	0.74%
KenvueKVUE	HDV +0.53 points	0.20%	0.73%
Firstenergy CorpFE	HDV +0.42 points	0.07%	0.49%
Dte EnergyDTE	HDV +0.39 points	0.07%	0.46%
AmerenAEE	HDV +0.39 points	0.03%	0.42%
T Rowe Price GroupTROW	HDV +0.37 points	0.14%	0.51%
Ppl CorpPPL	HDV +0.34 points	0.06%	0.40%
Cms EnergyCMS	HDV +0.34 points	0.01%	0.35%
SyscoSYY	HDV +0.31 points	0.22%	0.53%
EvergyEVRG	HDV +0.28 points	0.05%	0.33%
Hershey FoodsHSY	HDV +0.26 points	0.12%	0.38%
Darden Restaurants IncDRI	HDV +0.27 points	0.10%	0.36%
Alliant Energy CorpLNT	HDV +0.24 points	0.04%	0.28%
Otis WorldwideOTIS	HDV +0.21 points	0.14%	0.35%
Essential Utilities IncWTRG	HDV +0.19 points	0.02%	0.21%
HasbroHAS	HDV +0.18 points	0.04%	0.22%
Snap On IncSNA	HDV +0.16 points	0.06%	0.22%
Oge EnergyOGE	HDV +0.16 points	0.02%	0.18%
Tractor SupplyTSCO	HDV +0.15 points	0.07%	0.22%
M&T BankMTB	HDV +0.15 points	0.25%	0.40%
Dt MidstreamDTM	HDV +0.14 points	0.03%	0.17%
Constellation Brands Class ASTZ	HDV +0.12 points	0.19%	0.31%
Prosperity BancsharesPB	HDV +0.11 points	0.03%	0.14%
Antero MidstreamAM	HDV +0.10 points	0.03%	0.13%
American Financial GroupAFG	HDV +0.10 points	0.03%	0.13%
National Fuel GasNFG	HDV +0.09 points	<0.01%	0.10%
Cullen Frost BankersCFR	HDV +0.09 points	0.03%	0.12%
Carlyle Group IncCG	HDV +0.08 points	0.05%	0.13%
Dominos PizzaDPZ	HDV +0.08 points	0.03%	0.11%
Home Bancshares IncHOMB	HDV +0.06 points	0.02%	0.08%
Msc Industrial Class AMSM	HDV +0.06 points	0.01%	0.07%
Ingredion IncINGR	HDV +0.05 points	0.04%	0.09%
Las Vegas SandsLVS	HDV +0.04 points	0.09%	0.13%
A O SmithAOS	HDV +0.04 points	0.04%	0.08%
Reynolds Consumer Products IncREYN	HDV +0.02 points	<0.01%	0.03%

All 381 DIVB holdings⁠All 74 HDV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DIVB vs HDV Cost

Overpaying HDV vs DIVB

$629

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DIVB 0.05%
$1,060
HDV 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

DIVB 0.05%
HDV 0.08%
Overpaying

Year by year

Year	DIVB	HDV	Overpaying
10	$92	$147	$55
20	$360	$575	$215
30	$1,060	$1,689	$629

Expense ratio

0.05%DIVB, cheaper
0.08%HDV

DIVB0.05%HDV0.08%

0.04%0.70%

Middle half of US Dividend Index funds
Median 0.35%

DIVB 2nd cheapest of 52 funds

HDV 8th cheapest of 52 funds

DIVB vs HDV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DIVB 2.07%; HDV 3.09%, better
Payout (12M): DIVB $1.48; HDV $0.96
Last payment: DIVB $0.42; HDV $0.11
Ex-dividend: DIVB Sep 15, 2026; HDV Oct 21, 2026
Paid on: DIVB Sep 18, 2026; HDV Oct 26, 2026
Frequency: DIVB Quarterly; HDV Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

DIVBQuarterly · 15 paymentsAll DIVB payments⁠

HDVMonthly · 18 paymentsAll HDV payments⁠

DIVB vs HDV Risk

Fall from peak · 5 years

DIVB
HDV

Risk facts

VolatilityStd dev, 3 years: DIVB 14.0%HDV 12.8%, better
Return per unit of riskSharpe ratio, 3 years: DIVB 1.58, betterHDV 1.26
Worst fallMax drawdown, 5 years: DIVB −21.1%HDV −15.4%, better
Market sensitivityBeta, 5 years: DIVB 0.88HDV 0.30; Market = 1

DIVB and HDV in the news

All news⁠

Best ETFs
For a rising dividend, iShares Core Dividend Growth ETF ranks first
Updated Nov 2, 2026DIVB

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DIVB vs HDV

In short

Stated mandate

Why people hold it

Worth knowing

How DIVB and HDV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in HDV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

For a rising dividend, iShares Core Dividend Growth ETF ranks first

How DIVB and HDV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DIVB

Only in HDV

Weight gaps